bloomberg.com / .bloomberg-com / Page 7

China set its daily reference rate for the yuan at a level that was significantly weaker than estimates, suggesting the central bank is aiming to limit gains in the managed currency.

President Donald Trump, apparently enamored by the pint-sized Kei cars he saw during his recent trip to Japan, has paved the way for them to be made and sold in the US, despite concerns that they're too small and slow to be driven safely on American ...

Paramount Skydance Corp. more than doubled the proposed breakup fee in its offer to acquire Warner Bros. Discovery Inc. to $5 billion, according to people familiar with the company's offer, part of a sweetened proposal designed to outshine rival bids ...

The US is inviting Poland to the next Group of 20 summit -- and plans to shun South Africa -- when President Donald Trump hosts the forum of the largest global economies in 2026, Secretary of State Marco Rubio said.

Japanese shares outperformed in Asia on Thursday after more evidence of a slowing US job market boosted the case for the Federal Reserve to cut interest rates next week.

President Donald Trump said a meeting between his envoy Steve Witkoff and Russian President Vladimir Putin was "reasonably good" but acknowledged he doesn't know what the outcome will be after successive rounds of talks over a deal to end the ...

Nvidia Corp. Chief Executive Officer Jensen Huang said he's unsure whether China would accept the company's H200 artificial intelligence chips should the US relax restrictions on sales of the processors, following a meeting Wednesday with President . ...

The University of California is prepping a $2 billion municipal bond sale, reviving a deal that it shelved in August amid a high-stakes confrontation with the Trump administration over frozen federal research funds.

Donald Trump's aides and allies are discussing the possibility of making Treasury Secretary Scott Bessent the top White House economic adviser -- in addition to his current job -- should the president pick Kevin Hassett as the next chair of the ...

Biometric-identity systems introduced by a number of African countries are blocking millions of citizens from accessing "fundamental rights and services," according to a new report.